M&A Deal Summary |
|
|---|---|
| Date | 2022-06-27 |
| Target | Brightly Software |
| Sector | Internet Software and Services |
| Buyer(s) | Siemens |
| Sellers(s) | Clearlake Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.6B USD |
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| Category | Company |
|---|---|
| Founded | 1847 |
| Sector | Diversified |
| Employees | 320,000 |
| Revenue | 77.8B EUR (2023) |
Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 49 of 51 |
| Sector (Internet Software and Services) | 3 of 3 |
| Type (Add-on Acquisition) | 42 of 44 |
| State (North Carolina) | 2 of 2 |
| Country (United States) | 23 of 25 |
| Year (2022) | 1 of 2 |
| Size (of disclosed) | 5 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-05-20 |
Siemens - Commercial Vehicles Electric Propulsion Business
Germany Siemens' Commercial Vehicles Electric Propulsion Business develops, designs and produces high-performance electric drive systems. Product offerings include direct-drive and transmission-based remote mount electric motors, inverters, software and related services. |
Sell | €190M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-18 |
ZONA Technology
Scottsdale, Arizona, United States ZONA Technology is a renowned specialist in the field of aeroelastic simulation software solutions. ZONA Technology was founded in 1988 and is based in Scottsdale, Arizona. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| PE ASSETS | 72.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Clearlake Capital Group is a private equity firm that focuses on corporate divestitures, recapitalizations, buyouts, restructurings, rescue financing, growth capital, turnarounds, and other equity investments. Clearlake seeks to partner with strong management teams by providing long-term capital and operational expertise. Areas of interest include technology, industrials, and consumer. Clearlake Capital Group was formed in 2006 and is based in Santa Monica, California.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 35 |
| Sector (Internet Software and Services) | 4 of 4 |
| Type (Add-on Acquisition) | 14 of 14 |
| State (North Carolina) | 1 of 1 |
| Country (United States) | 30 of 32 |
| Year (2022) | 2 of 3 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-22 |
OnShift
Cleveland, Ohio, United States OnShift is a provider of cloud-based human capital management software for the long-term post-acute care market. The Company’s multi-tenant SaaS platform facilitates scheduling, labor analytics, workforce planning, employee financial wellness, employee engagement, applicant tracking, and recruitment management for nearly 5,000 customers, including many of the leading skilled nursing and senior living providers. OnShift was founded in 2008 and is based in Cleveland, Ohio. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-14 |
Crash Champions
Westmont, Illinois, United States Crash Champions is an independent collision repair company operating 218 state-of-the-art centers across 20 states including California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Oregon, Washington, and Wisconsin as well as Washington, DC. Crash Champions was founded in 1999 and is based in Westmont, Illinois. |
Buy | - |
